South Carolina AM Gets ‘New Mountain To Climb’
A husband-and-wife who share ownership of a South Carolina AM have "bargained and sold" the facility to another Palmetto State-based entity. The deal includes an FM translator.
Warshaw Waves Farewell To Pennsylvania
With the August agreement to sell an AM/FM combo and an FM translator serving a small city in the Poconos, Connoisseur Media was left with one remaining property in the Keystone State. A sale of this property was expected. Exactly one month later, it's happened.
A Mid-West Family Merger Cleans Up Licensee Legalities
According to the FCC, a licensee of five radio stations and two FM translators seeks approval of a merger with another licensee, one that controls four stations and two FM translators. In reality, it is a bookkeeping request from a company owned by shareholder employees active in eight Midwest markets.
Santa Cruz Donation, And Two STAs
Sorry to wake you from your Friday afternoon nap, but there's a LPFM transfer you may wish to know about. There are also a couple of silent STAs worth noting. Otherwise, it was another day without a deal for TRANSACTIONS TODAY.
Alabama Donation, And Two Closings
On July 1, 1957, a 1kw AM serving a small Alabama town debuted as a daytime-only operation. Today, this Class D station broadcasts 24 hours a day, with 177 watts after dark, and it is now being handed to its latest owner. We've got the details, along with two closings to report.
Wisconsin Sold, With A ‘Bonus’ Clause For Buyer
Indeed, Wisconsin is being sold ... "Wisconsin-106," that is. And, according to an Asset Purchase Agreement filed with the FCC on Wednesday, the seller is entitled to a payment beyond the purchase price, should gross sales in any fiscal year through 2022 top a fixed dollar amount.
Another Day Full Of STAs … And No New Deals
Aside from the sale of a TV station in Grand Junction, Colo., to a "mogul" in Fresno, there were no new transactions filed Monday at the FCC. As such, TRANSACTIONS TODAY takes you aboard the STA train for updates regarding Townsquare Media stations in Texas and in Idaho, among other news.
STA Parade Continues As Transactions Flow Runs Dry
For the second consecutive day, there are no freshly filed deals at the FCC. As such, TRANSACTIONS TODAY is devoting today's installment to STA applications and the close of a donation of several FM translators from an entity shedding every broadcast holding it has.
Another Quiet Day, Featuring STAs And A Closing
In what is becoming more common than ever, no new transactions appeared in the FCC's CDBS database on Thursday. As such, TRANSACTIONS TODAY is offering details on a STA request involving a Phoenix AM, two Florida facilities, and a LPFM in Massachusetts.
Beasley’s Big Smooch: Detroit Deal Is Done
On June 10, RBR+TVBR reported on the sale of a 20kw Class B FM serving the Motor City and surrounding communities by Urban One. Now, the transaction -- brokered by Michael J. Bergner of Bergner & Co. -- is complete, giving ownership of the station to Beasley.
Back On Air, Thanks To A.I.R.: A Former Empire AM
In May 2018, Joe Reilly's Empire Broadcasting Corp. began the process of reevaluating its three AMs and an FM translator serving New York's Capital District. Now, it is selling a silent AM licensed to Schenectady. The buyer inked an LMA on August 22, already putting it in control.
Surf Savers Snatch Sunshine State LPFM
Sometimes 31 watts of power is enough oomph to cover a community. That's the case with a low-power FM radio station in a Sunshine State beach town, which is gaining a new licensee. It is our lead item of business in Transactions Today, which also includes a couple of STA requests.
No More Hollerin’ For An Oak Ridge AM
Nick and Betty Barnett, owners of The Holler, Inc., thought they had a good idea by purchasing a Class D AM serving communities to the west of Knoxville and northeast of Chattanooga, Tenn. Now, its future is in question, as the Barnetts have agreed to sell the facility.
Short Order: STAs, A Closing, And A LPFM Move
It's very quiet at the Portals this week, as the FCC again has no new deals in its database. As such, TRANSACTIONS TODAY shares details on a quartet of STA requests, a deal closing, and the transfer of a low-power FM radio station in the Twin Cities.
Christian Resurrection; Caribbean ‘GOD Sold
If you're wondering if there has been an abundance of radio station deals in the last several weeks involving religious institutions, you're right. The lone two deals featured in the latest RBR+TVBR Transactions Today involve properties devoted to Christian programming.